Why is Astral falling/rising?

As of 20-Aug, Astral Ltd's stock price is currently at 1,393.45, reflecting an increase of 27.15 or 1.99%. The stock has shown a positive trend recently, gaining 8.96% over the last three days and outperforming its sector by 1.66% today. Despite this short-term gain, the stock has experienced a decline of 7.55% over the past month and a significant drop of 15.70% year-to-date. Positive factors contributing to the recent rise include high management efficiency with a return on equity (ROE) of 18.04%, a low debt-to-equity ratio, and healthy long-term growth in net sales and operating profit. However, negative results from the latest quarterly performance, including a 32.6% drop in profit after tax, have raised concerns about the stock's valuation and overall performance.
In the broader market context, Astral's short-term performance of +7.80% over the past week significantly outpaces the benchmark Sensex, which has only increased by 1.64% in the same period. However, the stock's long-term performance remains concerning, with a decline of 26.60% over the past year compared to a modest gain of 1.31% for the Sensex. This disparity highlights the challenges Astral faces in regaining investor confidence despite its recent gains, as it continues to struggle with underperformance relative to broader market trends.